A maker of bespoke handmade shirts with a Royal Warrant from Prince Charles has seen its losses shrink after a year in which it raised an extra £1 million of investment.

With its endorsement from on high and board of directors including Ali Fayed, the younger brother of former Harrods boss Mohamed Al-Fayed, Turnbull & Asser remains a respected and sought-after brand.

For customer it remains associated with all that is best in the world of tailoring to be found in London's Mayfair, home of the famous Jermyn Street and Saville Row, but its shirts are made here in Gloucester.

As well tailored as its garments continue to be, the firm's accounts have focused its mind in recent times - but the most recent show a business heading in the right direction.

"The period of February 209 was a challenging one. Revenues fell on the previous year (but were level if the 53rd week in the year to February 2018 is excluded).

"Gross margins improved by 2.8 percentage points due to the business better managing older inventories.

"Overhead control significantly reduced expenditure in the year meaning that operating losses reduced by £650,000 to minus £552,000," said Jonathan Baker, one of the directors of the business, which was founded in 1885.

All of which is a marked improvement on the previous year.

Losses had widened in 2018 to £1.164 million.

The investment over the last 12 months of £1 million was raised through the sale of ten million 10 shares.